Digital X-Ray Market Size to Reach Revenues of over USD 17 Billion by 2025 - Arizton

CHICAGO, Oct. 20, 2020 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global digital x-ray market report.

The global digital x-ray market size is expected to grow at a CAGR of over 7% during the period 2019-2025.

Key Highlights Offered in the Report:

    1. The global digital X-ray market is expected to reach above 17 billion by
       2025 with high single-digit growth rate of around 7% over the forecast
    2. Increasing popularity of handheld/mobile X-ray devices is one of the
       major drivers of the global digital X-ray devices market.
    3. Emergence of AI & robotic-enabled x-ray devices is anticipated to drive
       the future market growth of the digital X-ray devices worldwide.
    4. Dental imaging application segment is estimated to witness the highest
       CAGR of about 7.8% during the forecast period.
    5. Based on portability, the mobile segment will witness the highest CAGR of
       about 8% over the forecast period.
    6. The hospitals end-user segment accounted for the maximum share of around
       46% in 2019.

Key Offerings:

    --  Market Size & Forecast by Revenue | 2019-2025
    --  Market Dynamics - Leading trends, growth drivers, restraints, and
        investment opportunities
    --  Market Segmentation - A detailed analysis by application, portability,
        end-user, and geography
    --  Competitive Landscape - 6 key vendors and 55 other vendors

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Digital X-Ray Market - Segmentation

    --  Digital general radiography uses much less radiation and the images can
        be enhanced using computers. Digital X-ray imaging for general
        radiography offers many advantages including a wider dynamic range and
        the ability to manipulate the images generated.
    --  The rise in the patient pool, coupled with the growth in the geriatric
        population, technological advancements is contributing to the growth of
        the segment. Static digital X-ray devices offer appropriate image
        interpretation and clinical action due to increase in communication
        between the attending professional and the radiologist within the same
        room. However, static systems need heavy and costly apparatus.
    --  The hospitals end-users segment is likely to witness an absolute growth
        of over 49% during the forecast period. However, hospitals are
        considered as the traditional healthcare providers of digital X-ray
        procedures and the volume is high, especially in developing countries.

Digital X-Ray Market by Application

    --  General Radiography
    --  Interventional Radiography
    --  Dental Imaging
    --  Mammography

Digital X-Ray Market by Portability

    --  Static
    --  Mobile

Digital X-Ray Market by End-user

    --  Hospitals
    --  Diagnostic Imaging Centers
    --  Dental Care Settings
    --  Others

Digital X-Ray Market - Dynamics

The use of artificial intelligence (AI) and robotics has been rapidly progressing in medicine, particularly in the field of digital radiography. AI refers to computer systems that perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision making, and language translating. AI algorithms have already found a remarkable purpose in the tasks of image recognition. In particular, AI methods excel at automatically recognizing complex patterns in imaging data and providing a quantitative assessment of image characteristics. In addition, the rapid growth of robotics in medicine opens new opportunities for digital X-ray procedures with higher precision and accuracy.

Key Drivers and Trends fueling Market Growth:

    --  Growing Demand for Interventional X-Ray Devices
    --  High Growth Potential in LMICs
    --  Rising Target Patient Pool
    --  Increasing Popularity of Mobile X-ray Devices

Digital X-Ray Market - Geography

The presence of a large patient population, coupled with better access to treatment for various acute and chronic diseases, is the primary factor boosting the North America digital x-ray market. The presence of prominent digital x-ray devices vendors is also another reason for the high uptake of digital x-ray devices in North America. The rise in the patient pool with various diseases and the necessity to diagnose and treat diseases with advanced procedures, such as radiography, fluoroscopy, and angiography, mammography are expected to boost the market during the forecast period.

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Digital X-Ray Market by Geography

    --  North America
        --  US
        --  Canada
    --  Europe
        --  UK
        --  Germany
        --  France
        --  Italy
        --  Spain
    --  APAC
        --  China
        --  Japan
        --  South Korea
        --  Australia
        --  India
    --  Latin America
        --  Brazil
        --  Mexico
        --  Argentina
    --  Middle East & Africa
        --  South Africa
        --  Saudi Arabia
        --  Turkey

Major Vendors

    --  Siemens Healthineers
    --  GE Healthcare
    --  Koninklijke Philips
    --  Canon Medical Systems
    --  Fujifilm
    --  Carestream Health

Other Prominent Vendors

    --  Amber Diagnostics
    --  BD
    --  ACTEON
    --  ADANI
    --  Agfa-Gevaert
    --  Allengers
    --  AMICO
    --  Arcoma
    --  ATS
    --  BPL Medical Technologies
    --  Control-X Medical
    --  CUATTRO
    --  Dentsply Sirona
    --  DRGEM
    --  Dürr Dental
    --  EXAMION
    --  GMM
    --  Hologic
    --  IDETEC
    --  ITALRAY
    --  KAVO
    --  Kiran
    --  Konica Minolta
    --  KUB Technologies
    --  Medlink Imaging
    --  Medtronic
    --  Shenzhen Mindray Bio-Medical Electronics
    --  MinFound Medical Systems
    --  MINXRAY
    --  MS Westfalia
    --  Narang Medical
    --  New Medical Imaging
    --  OR Technology
    --  Owandy Radiology
    --  PLANMECA
    --  Perlove Medical
    --  PointNix
    --  PROTEC
    --  ROESYS MedTec
    --  Samsung Healthcare
    --  Shenzhen Angell Technology
    --  Shenzhen Landwind Industry
    --  Shimadzu
    --  Sedecal
    --  SIUI
    --  SternMed
    --  Stephanix
    --  Villa Sistemi Medicali
    --  Visaris
    --  VUNO
    --  VATECH
    --  United Imaging Healthcare
    --  Skanray Technologies
    --  Trident

Explore our healthcare & lifesciences profile to know more about the industry.

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